[url=http://www.mortgagefit.com/quitclaim-deed.html]Quit Claim Deed[/url] CAN take a husband off a loan - it happened to me!!
My husband left our home in April and moved to another state. He also stopped contributing to our joint debt. I had no choice but to put our home up for sale. I signed a Quit Claim Deed so I could sign all the sale documents (per my realtor). Citimortgage just recently removed my husband from our loan after he sent them the recorded document.
Below is text from the confirmation letter I received:
[quote:bcc67aed00]Thank you for selecting the Internet as your means of
communicating with CitiMortgage, Inc. Our response to your
Account inquiry is below.
In regards to your inquiry on the account due to name
change, we have received a Quit Claim Deed indicating that
XXXX M.XXXXXX (Xs added by me for privacy) name was removed from this accounlso indicated that XXXX M.XXXXXX would no longer hold liability for tht. As a result we have ae mortgage. If you have any
questions or concerns regarding your liability on the
mortgage account we strongly suggest you contact your
attorney. Feel free to also contact CitiMortgage Customer
Service at (800)283-7918 we are available Mon.-Fri. from
7:00am-11:00pm CT and Sat. from 8:00am-5:00pm CT.[/quote:bcc67aed00]